North American Semiconductor Equipment Industry Posts January 2013 Book-to-Bill Ratio of 1.14
Feb 25, 2013
North America-based manufacturers of semiconductor equipment posted $1.09 billion in orders worldwide in January 2013 (three-month average basis) and a book-to-bill ratio of 1.14, according to the January Book-to-Bill Report published today by SEMI. A book-to-bill of 1.14 means that $114 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in January 2013 was $1.09 billion. The bookings figure is 17.2 percent higher than the final December 2012 level of $927.4 million, and is 8.5 percent lower than the January 2012 order level of $1.19 billion.
The three-month average of worldwide billings in January 2013 was $952.1 million. The billings figure is 5.4 percent lower than the final December 2012 level of $1.01 billion, and is 23.2 percent less than the January 2012 billings level of $1.24 billion.
"In January 2013, the three-month average for bookings improved again for new semiconductor manufacturing equipment orders placed by worldwide customers to North American manufacturers, while billings declined slightly," said Denny McGuirk, president and CEO of SEMI. "The ratio is above parity for the first time since May 2012, although both orders and billings currently remain tempered by the economy and relatively conservative spending plans at the start of the year."
The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. Billings and bookings figures are in millions of U.S. dollars.
Source: SEMI, February 2013
The data contained in this release were compiled by David Powell, Inc., an independent financial services firm, without audit, from data submitted directly by the participants. SEMI and David Powell, Inc. assume no responsibility for the accuracy of the underlying data.
The data are contained in a monthly Book-to-Bill Report published by SEMI. The report tracks billings and bookings worldwide of North American-headquartered manufacturers of equipment used to manufacture semiconductor devices, not billings and bookings of the chips themselves. The Book-to-Bill report is one of three reports included with the Equipment Market Data Subscription (EMDS).
SEMI is the global industry association serving the nano- and micro-electronic manufacturing supply chains. Our 2,000 member companies are the engine of the future, enabling smarter, faster and more economical products that improve our lives. Since 1970, SEMI has been committed to helping members grow more profitably, create new markets and meet common industry challenges. SEMI maintains offices in Bangalore, Beijing, Berlin, Brussels, Grenoble, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C.
For more information, visit www.semi.org.